First Trust Dorsey Wright Momentum & Value ETF
DVLU
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Oct 18, 2018
- CIK
- 0001552740
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield of the Dorsey Wright Momentum Plus Value Index, a rules-based equity index tracking the overall performance of the 50 most undervalued stocks comprising the NASDAQ US Large Mid Cap Index that exhibit high levels of relative strength; holdings consist primarily of large- and mid-cap value stocks selected for momentum and weighted by value metrics, with at least 90% of net assets invested in the equity securities that comprise the index under normal conditions; the fund distributes dividends quarterly and trades on the NASDAQ exchange under the ticker DVLU. Launched on September 5, 2018, and managed by First Trust Advisors L.P. from its headquarters in Wheaton, Illinois, DVLU targets investors seeking exposure to multi-cap U.S. equities in the broad market value segment, with a net expense ratio of 0.60% and assets under management approximating $34 million as of late 2025; portfolio turnover may be high, leading to elevated transaction costs and potential tax implications, while holdings are fully transparent and span sectors such as financials, consumer discretionary, industrials, materials, and energy, including top positions in companies like Popular, Inc., D.R. Horton, Inc., and Norwegian Cruise Line Holdings Ltd.. Recent developments include regular quarterly dividend declarations, such as $0.0859 per share announced in December 2025 and additional payouts in June and September 2025, reflecting ongoing income generation amid stable fund operations; no major acquisitions, partnerships, new product launches, or strategic reorganizations have been reported in the last 1-2 years, with performance updates noting an ex-dividend date of September 25, 2025, and continued adherence to the index methodology without significant changes.